Exclusive-Samsung Elec plans global job cuts of up to 30% in some divisions, sources say
Samsung Electronics, the world's top maker of smartphones, TVs and memory chips, is cutting up to 30% of its overseas staff at some divisions, three sources with direct knowledge of the matter told Reuters. South Korea-based Samsung has instructed subsidiaries worldwide to reduce sales and marketing staff by about 15% and the administrative staff by up to 30%, two of the sources said. Six other people familiar with the matter also confirmed Samsung's planned global headcount reduction.
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